Truck Buying Options – New or Used, Buy or Lease

Truck Buying Options – New or Used, Buy or Lease

The choices are many when it comes to buying a new commercial truck, but the options may be fewer as the prices of new and used vehicles continue to climb. Manufacturers are blaming the price increases on the inflation of the cost of materials as well as government safety and clean air standards, and regulations.

New or Used

Purchasing a new vehicle may certainly seem like the best option. You know everything about that vehicle from its maiden voyage – its maintenance history, accident history, etc. But can your business currently afford the cost of a new truck?

Here are some additional facts to weigh into the new vs. used decision. While the cost of purchasing new is definitely higher, the cost of maintenance is much lower with a new truck. New trucks are equipped with the latest technology helping companies save on fuel and other operating costs, plus they include safety features that can help drivers avoid accidents.

Other considerations in the new vs. used decision are the number of miles the truck will be driven. A truck that will be relied upon heavily and will be putting on thousands of miles per year might best be purchased new. While a truck that is used less frequently and may sit idle for days or weeks at a time, might best be purchased used.

Buy or Lease

Large carriers may have the means to purchase new vehicles with cash, but most companies today finance their vehicles. There are certainly good reasons to finance your truck purchases. The number one benefit is keeping the company’s capital available. But what makes most sense when financing, a loan, or a lease?

Let’s look at leasing first. Leasing payments may actually be lower for a higher quality vehicle as they cover depreciation, rather than equity in the truck. Companies such as NationaLease offer regional and local sources of loans and leases, making availability of financed vehicles easy to secure.

In contrast to the lease, financing a commercial truck has the advantage that once you have paid the loan, you own it. The residual value belongs to the company and depreciation can be claimed annually.

The best choice is to review the options with your accountant. They may recommend one over the other depending upon your current corporate finances. In many cases, a healthy mix of new and used, leasing and financing make for a diverse portfolio within your fleet.

Why C&M Motors

C&M Motors is a locally owned and operated family business serving the greater San Diego area since 1982. With 2 locations to serve you (National City and Vista), we offer a more personalized experience and customized services to meet your business needs. New and used, leasing and financing, as well as service, rentals, maintenance, collision, fabrication, parts, and 24/7 emergency roadside assistance are all available at C&M Motors.

Give us a call to learn more.

C&M Motors Inc

www.cmmotorsinc.com

(800) 736-3443

 

Advantages of Purchasing a Truck from a Hino Dealership | C&M Motors

Advantages of Purchasing a Truck from a Hino Dealership | C&M Motors

Advantages of Purchasing a Truck from a Hino Dealership

The United States is home to millions of medium and heavy-duty trucks, be it certified pre-owned or new models. In the year 2021, over 200,00 medium and heavy-duty trucks were sold. If your business is looking for a truck, here are a few reasons to go through a trusted Hino dealership like C&M Motors.

Custom Financing

C&M Motors, NationaLease of San Diego, understands how important it is to keep your products rolling. Trucks are expensive and financing is a necessary part of the acquisition process. C&M Motors offers both new and used truck financing through two excellent lending sources Toyota Industries Commercial Finance and Hitachi Capital America Corp.

Customer Service and Experience

Right from the moment you visit the website of a truck dealer, to when you drive off from the dealership, you’ll have sufficient help from a knowledgeable truck dealer. C&M Motors offers superior maintenance services to keep your truck running great. Custom fabrication is where you can upgrade your truck with the specific equipment that fits your company’s requirements. You may want a toolbox installed, or a lift gate installed on your new truck. If you come to need a minor body repair after your purchase, C&M has a state-of-the-art collision and paint department that will make your truck look like new.

Enjoy Manufacturer’s Warranty

Only Hino provides a 5-year, unlimited miles Allison transmission warranty… STANDARD.

We’ve got your back. Covered that is. When you purchase a Hino Truck, you don’t need to worry if your truck breaks down. Hino offers a comprehensive warranty program that won’t leave you stranded.

Access to Advanced Features

Every new Hino model has a distinguishing feature that sets it apart from the other models. Given that truck dealerships are updated on all the different features that come with a new truck, it is easier for them to help you select a new truck that best suits your needs. If you are looking to compare the utility of certain features on different truck models, a truck dealer will help you pick a winner. C&M Motors has the knowledge and the experience to help you decide which Hino model is right for you.

When you are looking to buy any new truck, you’ll get the best options from an established Hino dealer like C&M. You can test drive several new Hino models before settling on one. You can only enjoy these benefits when you buy your new truck from a certified Hino dealership like C&M Motors. Contact us to learn more about all the new Hino models available.

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